WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release on March 6, 2024: In advance of today's hearing with Federal Reserve Chair Jerome Powell, Chairman Patrick McHenry (NC-10) and Financial Institutions and Monetary Policy Subcommittee Chairman Andy Barr (KY-06), led all Republicans on the House Financial Services Committee in a letter to Fed Chair Powell, Acting Comptroller of the Currency Michae  more

WASHINGTON, March 6 -- Rep. Deborah Ross, D-North Carolina, issued the following news release: Today, Congresswoman Deborah Ross (NC-02) announced that she secured $12,627,287 for community projects across Wake County in the minibus funding package for Fiscal Year (FY) 2024. This legislation includes critical investments in affordable housing, public safety projects, climate resilience, public transportation, and more. The Senate is expected to pass the minibus this week, and President Biden ha  more

WASHINGTON, March 7 -- Rep. Virginia Foxx, R-North Carolina, chairwoman of the House Education and the Workforce Committee, issued the following news release: Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) slammed the Biden administration for paying college students through the Federal Work-Study program to register voters ahead of the 2024 election Chairwoman Foxx's remarks (as prepared for delivery): "The Biden administration is desperate to shore up support before th  more

WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following statement on March 6, 2024: * * * Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the U.S. House of Representatives passed the Consolidated Appropriations Act of 2024. "I applaud Speaker Johnson for his work to bring this deal together," said Chairman McHenry. "Leaders get the bes  more

WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release on March 6, 2024: Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led debate on the House floor in support of H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 builds on the successful, bipartisan JOBS Act of 2012 to facilitate capital formation by strengthening our public markets, helping small bu  more

WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following statement on March 6, 2024: * * * Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Securities and Exchange Commission (SEC) issued its final rule to require climate-related risk disclosures. "The Securities and Exchange Commission is not a climate regulator," said Chairman McH  more

WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release on March 6, 2024: Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve Chairman Jerome Powell. Lawmakers will question Chair Powell on banking regulators' Basel III Endgame proposal, the ongoing fight to tackle inflation, and the Fed's commitment to its independence. Ahead of today's hearing, all  more

WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, issued the following statement on March 6, 2024: * * * Today, Congressman Patrick McHenry (NC-10), issued the following statement after House passage of H.R.4366, the Consolidated Appropriations Act of 2024. "I applaud Speaker Johnson for his work to bring this deal together," said Congressman McHenry. "Leaders get the best results they can with the tools at their disposal. That's exactly what Speaker Johnson did here. The bipa  more

WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, issued the following news release on March 6, 2024: Today, Congressman Patrick McHenry (NC-10) led the House Financial Services Committee in its semi-annual hearing with Federal Reserve Chairman Jerome Powell. Lawmakers questioned Chair Powell on banking regulators' Basel III Endgame proposal, the ongoing fight to tackle inflation, and the Fed's commitment to its independence. Watch Congressman McHenry's opening remarks here (ht  more

WASHINGTON, March 7 -- Rep. Alma S. Adams, D-North Carolina, issued the following news release on March 6, 2024: Congresswoman Alma S. Adams, Ph.D. (D, NC-12), will attend President Biden's State of the Union address tomorrow night at the U.S. Capitol with the rest of the U.S. Congress and her guest, Mecklenburg County's elected Sheriff Garry L. McFadden. A thirty-seven-year veteran of the Charlotte Mecklenburg Police Department (CMPD), Sherriff McFadden is one of the most decorated law enfor  more

WASHINGTON, March 7 -- Rep. Valerie Foushee, D-North Carolina, issued the following statement on March 6, 2024: * * * Today, Congresswoman Valerie Foushee (NC-04), issued the following statement after the House voted to pass the Consolidated Appropriations Act of 2024, a package of six domestic funding bills focused on helping families and communities across the United States. The bill also includes fourteen Community Project Funding requests championed by Congresswoman Foushee to deliver fede  more

WASHINGTON, March 7 -- Rep. Gregory Murphy, R-North Carolina, issued the following statement on March 6, 2024: * * * Congressman Greg Murphy, M.D. issued the following statement after voting against H. Res. 1061, the first FY24 government funding package: "For over 20 years, physicians who take care of Medicare patients out of the goodness of their hearts have been pummeled by year after year cuts to their reimbursements," said Congressman Greg Murphy, M.D. "The small cut aversion included in  more

WASHINGTON, March 7 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release on March 6, 2024: Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: "Bureaucratic Overreach or Consumer Protection? Examining the CFPB's Latest Action to Restrict Competition in Payments" Time  more

WASHINGTON, March 7 -- Sen. Thom Tillis, R-North Carolina, issued the following statement on March 5, 2024: * * * Today, Senator Thom Tillis issued the following statement on Senator Sinema announcing her retirement from the U.S. Senate: "The Senate will greatly miss Senator Sinema's strong bipartisan leadership. It has been an honor to work with her to address some of the most pressing challenges facing our nation over the last several years. "I admire the remarkable courage she has demons  more

WASHINGTON, March 5 -- Sen. Thom Tillis, R-North Carolina, issued the following news release: Senator Thom Tillis and his colleagues recently sent a letter to the International Committee of the Red Cross requesting they reconsider the appointment of Mr. Pierre Krahenbuhl to serve as director general. "We write to request you reconsider the appointment of Mr. Pierre Krahenbuhl to serve as director general of the International Committee of the Red Cross (ICRC). It is our belief that the publicl  more